South Africa Weight Loss Services Market, 2020-2027
South Africa Weight Loss Services Market, 2016-2027 (US$M)
Global Market
Related Markets
South Africa weight loss services market highlights
- The South Africa weight loss services market generated a revenue of USD 207.2 million in 2020 and is expected to reach USD 393.9 million by 2027.
- The South Africa market is expected to grow at a CAGR of 9.6% from 2021 to 2027.
- In terms of segment, fitness equipment was the largest revenue generating equipment in 2020.
- Fitness Equipment is the most lucrative equipment segment registering the fastest growth during the forecast period.
Weight loss services market data book summary
| Market revenue in 2020 | USD 207.2 million |
| Market revenue in 2027 | USD 393.9 million |
| Growth rate | 9.6% (CAGR from 2021 to 2027) |
| Largest segment | Fitness equipment |
| Fastest growing segment | Fitness Equipment |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fitness Equipment, Surgical Equipment |
| Key market players worldwide | Atkins, Nutrisystem, Herbalife Ltd, Apollo Hospitals Enterprise, Johnson & Johnson, WW International Inc, WK Kellogg Co, Amer Sports Inc, Cynosure, Dr. Bernstein Diet & Health Clinics |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.5% of the global weight loss services market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Middle East & Africa, South Africa weight loss services market is projected to lead the regional market in terms of revenue in 2027.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 393.9 million by 2027.
South Africa weight loss services market is expected to witness slower growth as compared to other countries globally.
According to IDF, the prevalence rate of diabetes in South Africa is 5.4%, which is much lesser than other countries. Increasing number of women in workforce, growing middle-class population, and rising disposable income are some of the factors boosting the market growth.
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Weight Loss Services Market
Weight Loss Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson & Johnson | View profile | 134,400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | www.jnj.com |
| Herbalife Ltd | View profile | 9,200 | Ugland House, South Church Street, P.O. Box 309GT, Grand Cayman, Cayman Islands, KY1-1104 | www.herbalife.com |
| Apollo Hospitals Enterprise | View profile | 10001+ | Chennai, Tamil Nadu, India, Asia | www.apollohospitals.com |
| WK Kellogg Co | View profile | 3,150 | One Kellogg Square, Battle Creek, MI, United States, 49016-3599 | www.wkkellogg.com |
| Cynosure | View profile | 501-1000 | Westford, Massachusetts, United States, North America | www.cynosure.com |
| Amer Sports Inc | View profile | 11,400 | Konepajankuja 6, Helsinki, Finland, 00511 | www.amersports.com |
| Nutrisystem | View profile | 251-500 | Washington, Pennsylvania, United States, North America | www.nutrisystem.com |
| WW International Inc | View profile | 4,850 | 675 Avenue of the Americas, 6th Floor, New York, NY, United States, 10010 | corporate.ww.com |
| Atkins | View profile | 10001+ | Epsom, Surrey, United Kingdom, Europe | atkinsglobal.com |
| Dr. Bernstein Diet & Health Clinics | View profile | 501-1000 | Toronto, Ontario, Canada, North America | www.drbdiet.com |
South Africa weight loss services market
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Weight Loss Services Market will help companies and investors design strategic landscapes.
Fitness Equipment was the largest segment with a revenue share of 71.53% in 2020.
Horizon Databook has segmented the South Africa weight loss services market based on fitness equipment, surgical equipment covering the revenue growth of each sub-segment from 2016 to 2027.
South Africa weight loss services market is expected to witness slower growth as compared to other countries globally.
According to IDF, the prevalence rate of diabetes in South Africa is 5.4%, which is much lesser than other countries. Increasing number of women in workforce, growing middle-class population, and rising disposable income are some of the factors boosting the market growth.
- South Africa Weight Loss Services Market Equipment Outlook (Revenue, USD Million , 2016-2027)
- Fitness Equipment
- Surgical Equipment
- South Africa Weight Loss Services Market Services Outlook (Revenue, USD Million , 2016-2027)
- Fitness Centers
- Slimming Centers
- Consulting Services
- Surgery
- Other Services
- South Africa Weight Loss Services Market Payment Outlook (Revenue, USD Million , 2016-2027)
- Government
- Private Insurance
- Out of Pocket
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Target buyers of weight loss services market databook
- Our clientele includes a mix of weight loss services market companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa weight loss services market, including forecasts for subscribers. This country databook contains high-level insights into South Africa weight loss services market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
South Africa Weight Loss Services Market, 2016-2027 (US$M)
South Africa weight loss services market statistics, by equipment, 2016-2027 (US$M)
